RBC Capital Upgrades Procter & Gamble to Outperform Amid Rising Institutional Interest

Fintel reports that on April 25, 2025, RBC Capital upgraded its outlook for Procter & Gamble (BMV: PG) from Sector Perform to Outperform.

Institutional Fund Sentiment

Currently, 4,089 funds or institutions are reporting positions in Procter & Gamble. This marks an increase of 11 owners, or 0.27%, over the last quarter. The average portfolio weight for all funds invested in PG has risen to 1.10%, up by 3.22%. Moreover, the total shares owned by institutions have grown by 3.00% in the last three months, totaling 2,011,794K shares.

Actions by Other Shareholders

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 73,782K shares, reflecting 3.15% ownership of the company. The firm’s previous filing indicated ownership of 74,487K shares, showing a decrease of 0.95%. The allocation to PG decreased by 5.51% over the last quarter.

VFINX – Vanguard 500 Index Fund Investor Shares owns 63,749K shares, equating to 2.72% ownership. Previously, the firm reported 61,654K shares, marking an increase of 3.29%. However, its portfolio allocation in PG also dropped, by 5.31% over the last quarter.

Geode Capital Management has reported ownership of 56,472K shares, or 2.41%. This is an increase from 55,205K shares in its last filing, representing an increase of 2.24%. Nonetheless, Geode reduced its portfolio allocation in PG by 5.12% in the last quarter.

Norges Bank now holds 31,282K shares, which is a 1.33% stake in the company. Previously, this firm reported holding no shares, signifying a 100.00% increase.

Bank of America possesses 30,480K shares for 1.30% ownership. In its prior filing, it indicated ownership of 30,986K shares, which represents a decrease of 1.66%. Its portfolio allocation in PG decreased by 3.78% over the last quarter.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.